In Bhinda, N. Leape, J. The Hague: Fondad Publication. Atlantic Economic Journal, v. Journal of International Business Studies, 33 2 , p. European Journal of Political Economy, 23 2 , p. Kyklos, 57 1 , p. Journal of Developing Areas, 42, p. Journal of International Business Studies, 37 6 p. Journal of International Management, 14 1 , p. Journal of African Business, 13 1 , p. Economics and Politics, 19, p. Academy of Management Journal, 43 3 , p.
The iron cage revisited: Institutional isomorphism and collective rationality in organizational fields. American Sociological Review, v. Journal of Asian Economics, 17 2 , p. London: Royal Institute of International Affairs. Western Washington University.
Management International Review, 45 2 , p. Journal of African Business, 11 1 , p. Economic Inquiry, 40, p. Journal of International Business Studies, 39, p. Journal of Law, Economics and Organization, 6 2 , p. Journal of Management, 39 2 , p. Political stakeholders and political activities in German multinational corporations. International Business Review, 16, p. International Organization, 57 3 , p. International Business Review, 21 6 , p. Working paper , World Bank, Washington, D. Entrepreneurship in the 21 st century is an international phenomenon.
Entrepreneurship is now in fact about business around the world, and there is a growing interest on the causes and consequences of international entrepreneurship Schwens et al. Entrepreneurial firms, and particularly those in the high-tech sectors, compete and collaborate with other entrepreneurial firms from around the world.
Financing of entrepreneurs through banks, trade credit, venture capital, private equity, crowdfunding, microfinance, and other sources is typically derived from capital that originates from a multitude of countries, and this is also due to the use of new technologies e. Operations and production decisions within entrepreneurial firms optimally involve a multitude of countries thanks to reduced ICT and logistic costs and to the increased geographical spread of tangible and intangible assets used as production inputs Di Gregorio et al.
Even public policy decisions, which are by construction designed to aid the local community, are based on decisions that involve comparative and competitive jurisdictional analyses. For instance, public policies targeting born-global entrepreneurial ventures are scantily intended for a single country or regional marketplace, as well as policy interventions aimed at sustaining the competitiveness of industrial clusters fostering the collaboration between local entrepreneurial firms and multinational enterprises MNEs.
Exploring the next generation of international entrepreneurship: A multidisciplinary perspective
International entrepreneurship has also been becoming a key source of external knowledge for large corporations, which are constantly searching for novel business ideas and technological innovations to nurture their sustainable competitive advantage and to adapt their organizations to ongoing worldwide changes Barney, ; Teece et al.
Collaborations with increasingly internationalized entrepreneurial firms may be particularly strategic for established corporations, which can leverage the international orientation of entrepreneurs toward break-through innovation and technology sourced across countries. Cross-border investments in entrepreneurial firms have several benefits for both MNEs — such as new investment opportunities and risk diversification — and entrepreneurial ventures — in the form of access to foreign markets and endorsement by reputable international MNEs.
Yet, global CVC investing poses specific challenges to MNEs and the foreign venture, because of political, cultural, legal, institutional and economic distance between the countries of the investor and the investee. Equity investments in entrepreneurial ventures, both in home and in host countries, have been a key strategy implemented by emerging market MNEs to quickly upgrade their technology portfolio. The existing literature has uncovered new mechanisms through which emerging country MNEs may develop knowledge and innovative capabilities by leveraging skills and know-how sources from advanced economies Perri et al.
However, little is known about the ability of entrepreneurial ventures from emerging economies to source knowledge and financial resources through international markets, cross-border collaborations and foreign direct investments FDI Sarasvathy et al. Yet, cases of successful emerging economies ventures increasingly come under the spotlight. Lufax, Flipkart, Snapdeal and Lianjia represent some of the examples of Unicorn companies born in China and India with a market value of over 6 billion US dollars, testifying the potential of emerging markets to give birth to fast growing start-ups.
On the other hand, the literature has identified a number of factors, such as ethnic communities, diaspora, brain circulation, that may facilitate the international expansion and operations of emerging market ventures, and ultimately their ability to create knowledge and source financial resources Filatotchev et al. International entreprenership, especially in emerging economies, has been favored also by the growing importance of peer-to-peer lending and crowdfunding.
These marketplaces typically involve investors from multiple countries, and encourage entrepreneurs to expand globally. Also, regulators have a pronounced concern of misrepresentation and fraud, and there have been large changes in regulations in recent years in different countries around the world Bruton et al. The special issue and associated conference will bring together academics and policy makers to debate the changing landscape of international entrepreneurship over the coming decade and beyond.
The ultimate aim of this call for papers is to improve our understanding of the fast-changing phenomenon of international entrepreneurship, by shedding more light on its drivers and dynamics, and the related implications for entrepreneurs, investors and policy makers around the world.
Submissions are encouraged from scholars that use different theoretical, empirical and experimental approaches to understand international entrepreneurship from different perspectives, including but not limited to international business, entrepreneurship, innovation, strategy, management and finance. While not exhaustive, the following list suggests possible issues that would be appropriate to address in this special issue:. Research Data: Research data forms the backbone of research articles and provides the foundation on which knowledge is built.
Researchers are increasingly encouraged, or even mandated, to make research data available, accessible, discoverable and usable. Although not mandatory, the journal encourages authors to submit their data at the same time as their manuscript.
- Who’s in charge? Corporations as institutions of global governance.
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- Who’s in charge? Corporations as institutions of global governance | Palgrave Communications;
- Media Poetry: An International Anthology.
- A Walk Across the Sun.
Further information can be found at: www. Acosta, P.
Business and human development in the base of the pyramid: Exploring challenges and opportunities with market heat maps, Journal of World Business , 46 1 , Barney, J. Firm resources and sustained competitive advantage. Journal of Management , 17 1 , Bruton, G. Microlending in emerging economies: Building a new line of inquiry from the ground up. Journal of International Business Studies , 42 5 , Entrepreneurship Theory and Practice 39 1 , Covin, J. Corporate entrepreneurship and the pursuit of competitive advantage.
Jasper Hotho - Google Scholar Citations
Entrepreneurship: Theory and Practice , 23 3 , Di Gregorio, D. International new ventures: The cross-border nexus of individuals and opportunities. Journal of World Business , 43 2 , Dushnitsky, G. Oxford Handbook of Venture Capital , When does corporate venture capital investment create firm value?.
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